Offered as a co-branded pre-paid debit card in association with UAE Exchange and Visa International, the NBDirect card provides a range of special benefits to employees of corporates in the private sector. These include automatic monthly salary credits, free ATM usage, concessional remittances to any part of the world and a free personal accident and life insurance cover. Employees can use the NBDirect card to manage their finances, withdraw cash at their convenience from number of ATMs, make purchases at all retail outlets and remit funds directly to their home countries.
For employers, the NBDirect card provides an excellent alternative to monthly processing of payroll by cash. Since salary credits to the NBDirect payroll card are automated, it significantly reduces the administrative work, cost and risks associated with manual payroll processing.
"We are delighted to have teamed up with UAE Exchange and Visa International to launch the first ever payroll card in the UAE. We believe that the product provides unprecedented benefits to both employers and employees in the UAE" stated Abdulfattah Sharaf - Head of Card Business, National Bank of Dubai.
"We are constantly expanding our range of value added products and services and towards this the NBDirect payroll card provides a convenient and cost effective banking option for all corporate employees in the UAE," added Sharaf.
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National Bank of Dubai launches co-branded payroll card
- United Arab Emirates: Tuesday, June 14 - 2005 at 15:31
- PRESS RELEASE
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National Bank of Dubai today announced the launch of the co-branded NBDirect payroll card, a first of its kind in the UAE market.
Suvo Sarkar, Head of Retail Banking, National Bank of Dubai,
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Posted by Lara Lynn Golden, News EditorTuesday, June 14 - 2005 at 15:31 UAE local time (GMT+4)
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About the National Bank of Dubai
Founded in 1963, the National Bank of Dubai is the oldest, locally incorporated bank in the Southern Gulf. Recognized as the bank with a performance that is second-to-none, NBD has built a reputation of stability and strength much appreciated by shareholders and customers alike.
Offering diversified financial services, NBD is a leader in corporate banking. Its portfolio covers a wide range of services including transport, real estate, construction, manufacturing, tourism and service industries throughout the region. In addition, NBD's 'Private Office' provides private banking services, offering highly tailored solutions to preserve and protect the personal wealth of its customers. Along with supplying customers with a variety of exclusive service based products, secured facilities, Credit Cards, personal loans, , auto loans and home loans, the National Bank of Dubai also offers a variety of treasury products and services, advising customers on exchange markets and interest rate outlook. NBD, also recently launched Suhail Priority Banking Services, a premier banking service offering customers personalized relationship management and a host of exclusive products and services. Furthermore, NBD presents their customers with automated banking services, which consist of an internet service (NBD Online), a telebanking facility (NBD Telebank), and an SMS based service (NBD Mobile). With a comprehensive card portfolio that provides an array of benefits, the National Bank of Dubai has, over the years, built a wide ATM network as well as Point of Sale terminals in select locations throughout the UAE.
The National Bank of Dubai currently has an extensive branch network that includes 40 branches throughout the UAE. In addition, NBD also has a branch in London and a representative office in Tehran.
Press release issued on behalf of the National Bank of Dubai by Hill & Knowlton Dubai.
For further media information please contact:
Nada Lotfy
Tel: +971 4 3344930
Fax: +971 4 3344923
Founded in 1963, the National Bank of Dubai is the oldest, locally incorporated bank in the Southern Gulf. Recognized as the bank with a performance that is second-to-none, NBD has built a reputation of stability and strength much appreciated by shareholders and customers alike.
Offering diversified financial services, NBD is a leader in corporate banking. Its portfolio covers a wide range of services including transport, real estate, construction, manufacturing, tourism and service industries throughout the region. In addition, NBD's 'Private Office' provides private banking services, offering highly tailored solutions to preserve and protect the personal wealth of its customers. Along with supplying customers with a variety of exclusive service based products, secured facilities, Credit Cards, personal loans, , auto loans and home loans, the National Bank of Dubai also offers a variety of treasury products and services, advising customers on exchange markets and interest rate outlook. NBD, also recently launched Suhail Priority Banking Services, a premier banking service offering customers personalized relationship management and a host of exclusive products and services. Furthermore, NBD presents their customers with automated banking services, which consist of an internet service (NBD Online), a telebanking facility (NBD Telebank), and an SMS based service (NBD Mobile). With a comprehensive card portfolio that provides an array of benefits, the National Bank of Dubai has, over the years, built a wide ATM network as well as Point of Sale terminals in select locations throughout the UAE.
The National Bank of Dubai currently has an extensive branch network that includes 40 branches throughout the UAE. In addition, NBD also has a branch in London and a representative office in Tehran.
Press release issued on behalf of the National Bank of Dubai by Hill & Knowlton Dubai.
For further media information please contact:
Nada Lotfy
Tel: +971 4 3344930
Fax: +971 4 3344923
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